Originally Posted by
gzsg
So the new 20% trigger will be between $9 and $10 BILLION in pre-tax.
I hope every DALPA leader knows this is non starter by any stretch of the imagination.
Unless we get a 30% hourly increase date of signing, a 5:15 vacation day and our 60% FAE pensions back.
And it goes without saying....
NO CONCESSIONS
You contradict yourself in this post. You say no concessions but then imply you will give up the PS for what you listed. No matter what we get, giving up profit sharing will be a concession.
Any percent of profit sharing we give up will be negated in The next contract following the give. In other words, it will only be for the length of the contract we negotiate. To be longer than the contract, we would have to maintain a 6% (using the FA15 give in PS) advantage in pay over AA and UA. Example: if we had agreed to FA15, we would have gotten a total of approximately 21%. When American renegotiates, they will better our rates by 1 or 2%. If they do, our profit sharing give was just negated. If we keep our PS AND better their rates, it's the best of both worlds.
Someone can tell me why I'm wrong..........................I hope.
Denny